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An Update From Around the U.S. Energy Patch

Raymond James shares details about Anadarko, Kinder Morgan Energy and other stocks in its coverage area.

December 4, 2012

Raymond James

Exploration company Anadarko Petroleum (ticker: APC) announced a significant operational milestone Tuesday morning, having reached gross production of 100,000 barrels per day in four of its core operating areas: the Wattenberg, Eagle Ford, Greater Natural Buttes and the Marcellus shale.

The company also announced a reduction of its drilling cycle times to less than 9.5 days per quarter, which is a 25%...